Tag Archives: Veteran Owned

501(c)(3) Operational TestTo be or stay exempt under section 501(c)(3) of the Internal Revenue Code, an organization must be operated exclusively for one or more of the exempt purposes described in section 501(c)(3) (“exempt purposes”). The first part of a compliance analysis with respect to this requirement referred to as the Operational Test is toContinueContinue reading “501(c)(3) Operational Test”

What Does it Take to Create a Safe Workplace? – Take It Personel-lyA safe workplace is essential for employees and employers alike. It helps ensure that everyone feels secure and supported, which in turn boosts morale, increases productivity, and ensures that everyone is able to focus on their work. But what does it take toContinueContinue reading “What Does it Take to Create a Safe Workplace? – Take It Personel-ly”

What Must An Entrepreneur Do After Creating A Business Plan? – All About That MoneyAs entrepreneurs, creating a business plan is just the first step towards success. Once the plan is in place, it’s essential to focus on several key areas to ensure your business thrives and outranks the competition. Discussed in this article areContinueContinue reading “What Must An Entrepreneur Do After Creating A Business Plan? – All About That Money”

Can Nonprofit Boards Afford To Underinvest In Management Leadership Development?McKinsey & Company has published a substantial nonprofit study: To better understand the state of (nonprofit) leadership in the US social sector… The findings suggest that chronic underinvestment in (management) leadership development for 337,000 small or midsize nonprofits,..(may risk) the sector’s capabilities to fulfill emerging missionsContinueContinue reading “Can Nonprofit Boards Afford To Underinvest In Management Leadership Development?”

How to read and understand financial statementsReading financial statements can seem like a daunting task, especially when you are new to the world of finance. But it doesn’t have to be so intimidating. It’s easier than you think! Covered in this blog post, are how to read and understand financial statements such as balance sheetsContinueContinue reading “How to read and understand financial statements”